<p>OK. So the ivy league universities rolled out their wonderful aid packages last year. They were generous and wide sweeping. However, the current financial crisis has hit everyone and their portfolios are likely to have taken a serious hit. Does anyone know whether this financial aid system will stay in place or will they abandon it because they just don't have the funds? Or will they just not give as much money to people now that their funds are compromised?</p>
<p>Also specifically Yale, will it affect their aid program.</p>
<p>Ummm.... while Y hasn't released its current holdings, you've got to understand that Yale corporation increased the annual FA budget by about $85M (yes, that's the amount the annual budget increased). This $85M isn't that huge a part of their overall budget, to be frank. Yale's endowment (at last count) was about $22 billion.</p>
<p>Yale's increased FA is a point of great pride. I don't see it being pulled back -- especially since it's a relatively small amount overall (for them).</p>
<p>There was a Yale Daily News article within the past week or so that said financial aid would not be impacted nor the two new residential colleges. Some other building projects will be delayed.</p>